With economic globalization comes a growing emphasis on the development of economic policy on the regional level. A popular policy option is to establish a regional development agency. This study...Show moreWith economic globalization comes a growing emphasis on the development of economic policy on the regional level. A popular policy option is to establish a regional development agency. This study researches the effects of these agencies on the regional economy and surrounding regions through panel data of Dutch provinces from 1970 through 2016. Results show mostly not-significant effects. However, there appear to be small positive effects on the total value added within a region. Furthermore, this study finds no evidence for potential negative competition effects. The establishment of RDA’s has not prevented some regions from experiencing significantly lower growth compared to other regions.Show less
